Gemini review

Buy and sell crypto on Gemini with free crypto withdrawals.

  • Gemini is a reliable platform with a wide range of tokens
  • Varying fee schedules depending on how you access the platform’s rating: 4.0 / 5.0



Fiat currencies




Product Name Gemini Cryptocurrency Exchange
Fiat Currencies USD, AUD, CAD, EUR, GBP, SGD, HKD, COP
Cryptocurrencies BTC, ETH, XRP, ADA, SOL, DOT, DAI, LTC, UNI, XLM & 121 more
Deposit Methods Bank transfer (ACH)
Debit card
Wire transfer
Trading Fee Order amount below CAD 250: CAD 1.49 - CAD 4.99
Order amount over CAD 250: 1.49%
Convenience fee: 0.50%
Deposit Fees Cryptocurrency : None
Wire Transfer: None
ACH: None. Bank may charge transfer fee
Debit Card Transfer: 3.49% of total amount
Withdrawal Fees Cryptocurrency: None (for 10 withdrawals and below per month)
Others: None (for 10 withdrawals and below per month)
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Gemini?

Gemini is a cryptocurrency exchange with a simple UI that’s user friendly and accommodating to newcomers and experienced traders alike. Gemini is a New York trust company, which ensures that the company is compliant with a number of security and financial regulations. Gemini allows users to earn interest on eligible cryptocurrency balances.

Newcomers can earn $150 in Bitcoin when they invest $1,000 or more into the platform within 30 days of joining. Some more notable currencies aren’t available on the platform, namely some of the non-ERC20 tokens from the top 20 range of currencies.

Gemini’s most notable weakness is its fee structure. Fees are competitive if you turn on ActiveTrader. However, if you don’t, then the fees can add up quickly. Buying through the mobile app has very high fees compared to using ActiveTrader, and the fees are the same on the desktop site without ActiveTrader on.

  • If this is your first exchange: Gemini is a pretty good place to start if you are willing to put $1,000 or more into it. Gemini’s fee structure can punish small trades and may not be worth it if you make a large number of small trades.
  • If you’re switching exchanges: Gemini offers some pretty bold guarantees and is covered by FDIC insurance. Gemini allows users to earn interest on their account balances with the Gemini Earn program, where customers can earn nearly 1.5% on Bitcoin balances and up to 7.4% on specific coin balances such as Gemini USD.

Pros and cons of Gemini


  • Wide range of currencies to exchange
  • Incentives for newcomers, welcoming UI
  • Insurance on currency balances up to $250,000
  • Can earn interest on balance


  • Varying fee structure with highest fees on mobile app
  • Missing some notable top 20 currencies
  • No linked debit cards available

Verdict: Is Gemini any good?

Gemini’s strongest point is its Gemini Earn program, which allows users to earn up to 7.4% interest on specified cryptocurrency balances. Gemini has a unique fee structure that may be appealing to certain users – this gives the exchange a competitive edge. Gemini offers incentives for newcomers to the platform and its easy-to-use interface lends itself to inexperienced and experienced traders alike. Gemini has a wide selection of cryptocurrencies available for exchanging on the platform. However, some notable entries from the top 20 by market cap are missing, such as Cardano and Solana. All in all, Gemini is a good, welcoming exchange for users of all skill levels.

What to know about Gemini

Gemini allows users to earn interest on their balances. Interest rates can be as high as 7.4% depending on the tokens in a user’s balance. User balances are covered by a robust insurance plan and cold storage of wallets. However, it is worth noting that Gemini is still holding the private keys to these wallets. Also, Gemini’s insurance does not cover losses due to theft from unauthorised access of an individual’s account – so if, for example, somebody guesses your password, you wouldn’t be protected by insurance.

Gemini is a good exchange to use as long as you activate ActiveTrader and do trades on the desktop site. Otherwise, you are subject to very high fees that are outlined in Fees and costs.

Finder ratings for Gemini Crypto

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Does Gemini have good customer support?

Gemini has customer support, but user reports vary. Averages reported by the company look favourable, but customers report waiting for as long as weeks to receive emails back from the company and long hold times.

Support offeredWait times
Contact Us formUnder 2.5 hours on average
Live chatLive chat is offered, but it’s a bot that directs users to other support lines.
EmailAt least 24 hours after receiving the email on average.

List Gemini services

Trading on Gemini

There are earning opportunities on Gemini, but they’re limited to a single operation. The Gemini Earn program allows users to earn interest on their balance on the platform. The amount of interest earned varies depending on the kind of cryptocurrency held in the balance.

Gemini Mastercard

Gemini is offering a credit card that is yet to be released, but is coming soon. Once implemented, it will allow users to spend their crypto anywhere Mastercard is accepted.

Promotions on Gemini

Currently, new users can earn $150 in Bitcoin when they transfer $1,000 or more and start trading within their first 30 days.

Trust rating

Gemini rates highly for security. Gemini has never been hacked. Security features of Gemini include 2-factor authentication, SOC 2 compliance (the first ever cryptocurrency exchange to do so), and FDIC insurance for fiat currencies up to $250,000.

Past hacks

No hacks have ever taken place.

Security audits

Gemini has undergone heavy duty auditing. Gemini is the first ever cryptocurrency exchange to pass the SOC 2 type 1 examination. They will be audited for compliance with this examination every year.


The company has full FDIC insurance, just like a bank does, for fiat currencies up to $250,000.

Signing up on Gemini

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Disclaimer: Star ratings are only displayed for products with 10 or more reviews.

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Gemini FAQ

Who owns Gemini?

Gemini is an independent company, co-founded by the Winklevoss twins, Cameron and Tyler of early Facebook fame.

Is Gemini a good exchange?

Gemini is a reliable crypto exchange that has undergone thorough audits.

Is Gemini FDIC insured?

Yes, Gemini is FDIC insured.

What is Gemini USD?

Gemini USD is a stablecoin managed by Gemini.

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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